Search Results for: pay off debt

Can You Save and Pay Off Debt?
Fighting Debt

Can You Save and Pay Off Debt?

There is a constant debate about whether you can save money while you pay down debt. Unfortunately, this is a personal decision based on the financial situation. In my situation, I decided to save some money while I was paying off my debt. I did this because I wanted to have the emotional security of having some liquid cash along with creating a saving mentality. When you are in debt, you are not used to saving. This needs to be learned as you pay down debt.

6 Free Apps to Help You Pay Off Student Loan Debt (or Any Debt Really)
Fighting Debt | Student Loans | Tools

6 Free Apps to Help You Pay Off Student Loan Debt (or Any Debt Really)

It’s a sad day in the debt repayment space, especially those with student loan debt (there are so many). The awesome tool, ReadyforZero, has decided to shut down and focus on their blog content. You can still check out their blog here. While I think blog content is important, their tool was one of the best…

Simple Savings Sunday – Saving While Paying Off Debt
Saving Money | Savings

Simple Savings Sunday – Saving While Paying Off Debt

Welcome back to Simple Savings Sunday. In this series, I show you a difference saving technique each week. My goal is to inspire those looking for ways to save, along with showing you how it easy it can be. Saving really doesn’t have to be that difficult. If you find yourself struggling to save, then you are living beyond your means. I don’t mean to be an ass with this statement, but sometimes honesty can hurt. I know, I have been there too. With regards to my honesty, I am going to provide another little truth. You CAN save while paying off debt. It’s true.

How to Stay Motivated When You’re Paying Off Debt
Fighting Debt

How to Stay Motivated When You’re Paying Off Debt

If you’re like most people, you feel really motivated when you start paying down your debt. You set up your debt repayment plan, and you start making some monthly payments. The debt total starts to drop, you feel excited about where you’re headed. Unfortunately that’s where most personal finance stories stop. People talk about how much they wanted to be debt-free, how they started making the payments, and how meeting the goal has changed their lives. Not much is said about how much people struggled between the starting and finish lines except maybe a few words like, “It was difficult, but…”

The Importance of Honesty When Paying Off Debt
Fighting Debt

The Importance of Honesty When Paying Off Debt

When Jon graduated college, he had about $2,000 worth of credit card debt. Jon also had close to $15,000 in student loan debt, but he is going to focus mainly on the credit card debt. The credit card debt wasn’t because of books or other school related activities, it was because of low self-esteem. It is time for Jon to get honest about his debt and he did just that.